Friday, June 4, 2010

I What Out! Close Short CPO Position

Date of entry: 3 June 2010
I shorted CPO Aug 2010 Future Contract at 2457 for 1 contract when the price broke below 2464 (in blue line).

Date of exit: 4 June 2010
I closed my short position at 2468 losing 13 points after adding 2 points for commission. I just want out since the previous candle stick is a bullish one.

The balance of my account is RM 20,350 after the loss of RM 325 (13points x RM25 = RM 325) (The details of my account is at My Future Trading Account Records 2010 )


  1. Exit too early ?
    May be you are wrong !


  2. Hi Anonymous,
    You are right. I think I exit too early. Well, it looks like a sideway for now.


  3. 36 x RM25 is RM900